UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 33,000 sqft
Price per Sqft $181
MLS Listing ID 1228957
Year Built 1973
Annual Tax Amount $64,065
Acres 0.75
Property Sub-Type Multi Family
Source Daytona Beach Area Association of REALTORS®
Property Description
Riverside at South Daytona presents a rare opportunity to acquire a fully repositioned, cash-flowing four-building multifamily portfolio in one of Florida's dynamic coastal markets. Located off South Palmetto Avenue in Daytona Beach, this exceptional asset sits within close proximity to the Halifax River corridor, offering residents a waterfront lifestyle with close access to Riverfront Veterans Memorial Park's boat ramps and other recreational amenities. Current ownership has executed a comprehensive capital improvement program that transformed the entire portfolio through exterior enhancements including new monument signage, refreshed paint, updated soffits and gutters, and complete interior renovations across all unit configurations delivering contemporary finishes that command premium rents. The property offers a well-balanced unit mix of one and two-bedroom apartments in a garden-style configuration.
Location
State FL
County Volusia
Area 25 - Daytona S Of Beville, E Of Nova
Direction From Beville Rd continue to S Palmetto Ave. North .6 Miles for 1160 Palm. and South .5 miles for 1180 Palm. Both West of road.
Region South Daytona
City Region South Daytona
Interior
Flooring Tile, Vinyl
Exterior
Parking Features Unassigned
View Y/N No
Building
Lot Description Other
Structure Type Block,Concrete
Others
Tax ID 5344-16-00-0431
Ownership Qci Holding 4 Llc
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Michael And Cindy George
Team Leaders | License ID: BK3026671
Team Leaders License ID: BK3026671